36 Hudson Parade, Avalon Beach is selling at a $1 million discount.Source:Supplied

Sydney’s cooling real estate market is delivering buyers hefty discounts that would have been hard to believe even six months ago.

A string of properties across the northern beaches, eastern suburbs and north shore are currently listed at up to $1 million below their original prices after languishing on the market unsold for months.

The deals have followed an 8 per cent drop in Sydney’s median home price over the past year and a 17.4 per cent lift in the number of homes listed for sale.

PK Property Buyers Agents director Peter Kelaher said Christmas would likely present even more opportunities for buyers to get a good deal because agents would be open to accepting low ball offers.

“Agents will be dying to get rid of their properties and will help push through sales very hard,” Mr Kelaher said.

“There will also be vendors with larger blocks who want to sell before the New Year for tax reasons or just to get the property off their hands so they can enjoy their Christmas … the market is down and vendors know it.”

Here are a range of other Sydney homes offered at incredible discounts:

62/17 ELIZABETH BAY RD, ELIZABETH BAY

62/17 Elizabeth Bay Rd, Elizabeth Bay.Source:Supplied

Original price: $3.3 million

New price: $2.395 million

Discount: $905,000

This art-deco three-bedroom penthouse has views over the Sydney Harbour. It’s spread over two levels. The current price is 27.4 per cent lower than the original listed price. The home is the most property currently for sale within a 10km radius of the Sydney CBD.

3.05/30 ALFRED ST, MILSONS POINT

3.05/30 Alfred St, Milsons Point.Source:Supplied

Original price: $3.35 million

New price: $2.6 million

Discount: $750,000

With two bedrooms and two bathrooms, this apartment in a new boutique building of 63 apartments has views over Lavender Bay and is across the road from Bradfield Park.

144 BLAND ST, HABERFIELD

144 Bland St.Source:Supplied

Original price: $2.85 million

New price: $2.2 million

Discount: $650,000

This four-bedroom home on 891sqm has been on the market for sale since July. The current listed price is 22.8 per cent lower than the original price.

15 ALFRED RD, FOREST LODGE

15 Alfred Rd, Forest Lodge.Source:Supplied

Original price: $2.995 million

New price: $2.35 million

Discount: $645,000

This four-bedroom house has been for sale since July and is currently listed at 21.5 per cent below its original price.

34 STURDEE LANE, LOVETT BAY

34 Sturdee Lane, Lovett Bay.Source:Supplied

Original price: $1.85 million

New price: $1.3 million

Discount: $550,000

This three-bedroom house is roughly 30m from a secluded sandy beach on the western shores of Pittwater. It has had the same owner since 1984 and has been listed since the start of October. The current price of $1.3 million is just shy of 30 per cent below the original listed price.

64/222 SUSSEX ST, SYDNEY

The Sussex St home.Source:Supplied

Original price: $1.95 million

New price: $1.45 million

Discount: $500,000

This apartment is situated on level 18 of the sought after Astoria Tower. It comes with 116sqm of floorspace. The home was first listed in January 2018. The current price is 25.6 per cent below the original price, according to SQM Research records.

62C FOX VALLEY RD, WAHROONGA

62C Fox Valley Rd.Source:Supplied

Original price: $2.75 million

New price: $2.25 million

Discount: $500,000

This 1618sqm property is surrounded by a blue gum forest and was architecturally designed. It is close to elite schools Knox and Abbotsleigh. It was first listed in September through an expressions of interest campaign. The current price is 18.2 per cent lower than the first listed price.

30 CRESCENT RD, MONA VALE

30 Crescent Rd.Source:Supplied

Original price: $4 million

New price: $3.5 million

Discount: $500,000

The property sits on a large parcel of land with a north rear aspect. It has been on the market since May. The owners sought development approval for an extension to the house in 2016. The property had last sold in 2015.